This research was conducted to investigate the forgiveness and subjective happiness level of university students in terms of gender, faculty, grade, residence, and parental attitudes, and to determine predictive role of forgiveness on subjective happiness. The study group consists of 828 university students (56.3% female, 43.7% male). The data was collected through the Forgiveness Scale and the Subjective Happiness Scale. The results of the study indicated that the level of forgiveness and subjective happiness of university students did not differ significantly in terms of gender and residence. On the other hand, it was found that the forgiveness level of third and fourth grade students and students who enrolled in Faculty of Theology were significantly higher than the other students. Moreover, the students whose parents are protective and democratic attitudes reported significantly higher levels of forgiveness and subjective happiness. There is a positive relationship but low between forgiveness and subjective happiness and; forgiveness was found as a significant predictor of subjective happiness.